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This would be a good time for the US (and other countries) Small Business Administration to play a far more nurturing role in order to help restart and start ne

This would be a good time for the US (and other countries) Small Business Administration to play a far more nurturing role in order to help restart and start new businesses. Many VC investment strategies are designed to destroy existing business and create network effects monopolies that only benefit a few people. Aside from VC investment being a tiny fraction of overall new business funding there is greatly decreased interest in innovative new ideas/risk taking as this report suggests.

SrslyJosh 6y ago
> Aside from VC investment being a tiny fraction of overall new business funding there is greatly decreased interest in innovative new ideas/risk taking as this report suggests. And when our economy only works for a small fraction of the population, that means fewer startups, less diversity of ideas, and fewer successful VC-backed startups.